If you haven’t been following the #thenest on Discord, or even if you have, there are a lot of rumors flying around regarding Ravencoin and its long-term future. I’ve been messaged several times and have tried to answer these questions one-to-one. I hope this update can save me some time, put to rest some of the rumors, and let everyone know that Ravencoin has a few great alternatives going forward.
Let me first say thank you to everyone that contributed to the Code Security Audit. We reached the threshold with the help of everyone, and some extra hard shoves by WhaleStreet, Blockchain Tiger, and Leon.
There’s a kick-off meeting tomorrow (Wednesday November 4th), for the specifics for the security audit. This audit will either find vulnerabilities that need fixing or give us confidence and independent verification that Ravencoin is a secure asset issuance platform.
There’s also a rumor that Medici is reducing their financial support for developers for Ravencoin. Ok, this one is true. But, Medici is working with me to create a foundation that will help support Ravencoin. They are also funding the foundation with at least $50K per year for three years. At a minimum, the foundation can hold signing keys for Apple development for mobile apps. It can also hold the remainder of the legal fund, accept donations for development, and can be a meeting…